Jump to content

Leaderboard

Popular Content

Showing content with the highest reputation on 02/11/2020 in all areas

  1. Let’s not forget that Kibble are also saving SMiSA members £300K, an average of £250 a head. We probably also shouldn’t overlook the fact that as 51% shareholders, SMiSA will have the majority shareholding of the football club, and thus the football club will be, by definition, “fan owned”. By the end of next year. And its maybe worthwhile remembering that we get the benefit of the expertise and infrastructure of a 140 year old organisation who have a turnover 10 times the size of the club, working with us. And we get all of this, with a partner who is not driven by profit, but rather one that exists to help young people develop and prosper. Blind? Blinded by a personal grudge with the chairman I’d say.
    11 points
  2. elvis

    Ross Wallace Signs

    f**ksake man what you want the manager to do.
    8 points
  3. Voted No I signed up to this for full fan ownership, not to reduce the holding and bring in an outside third party. They should have told us of their intentions when they first decided they were pursuing an alternative to the original plan. To suggest we now need a third party for the greater good seems odd, could no-one see that at the start and if not why not ?
    7 points
  4. Here's my tuppence worth .......... The original deal without Kibble's participation is a signed, sealed and delivered contract between GLS and Smisa. Presumably the deal is virtually risk free in terms of ultimate fan ownership. The Kibble intervention might turn out to be the Deal of the Century with benefits for all parties involved - and it certainly offers a financial incentive for GLS. However, based on the (so far) 35 pages of doubts, scepticism, and distrust expressed in this thread by many contributors it is conceivable that there may be unexpected pitfalls ahead. Who knows ? I just wonder why St Mirren fans would be keen to ditch a contract with basically zero risk attached for a new proposal that could (just could) scupper the guarantee of ultimate control of the club by its fans. Why take the risk of a Third Party having (unwanted) influence ? Happy to hear the counter-arguements.
    6 points
  5. https://www.stmirren.com/all-news/3524-ross-wallace-joins-saints-on-short-term-deal Welcome addition
    5 points
  6. Dirty Sanchez

    Ross Wallace Signs

    Turns out I've been confusing this guy with Lee Wallace for the whole time we've been linked with him. Like when we signed wee Steven Thomson, and I only found out it wasn't big Steven Thompson when I Googled him and saw his height.
    5 points
  7. still can't get my head around the fact that Kibble are wiling to spend 300k and then be willing to give it away they are duty bound as a charity to at in the best way to deliver the aims on which the charity is built, so a 300k giveaway must be buying them something much more valuable they are just not saying what it is
    5 points
  8. I’ve not voted yet but I’m leaning towards a NO. I didn’t sign up to have a 3rd party involved and I’ve seen nothing to convince me that having Kibble onboard is a good thing.
    5 points
  9. There's some people on here who really need arithmetic lessons and some instruction on how percentages work. "Kibble are getting 27% and taking over". Clearly, far from being a recent problem, numeracy standards have been falling for many years in Scotland.
    5 points
  10. I keep coming back to one thing... All those things you say Kibble propose are undoubtedly positive for the club. Why can't a legally binding trading agreement/partnership with them not achieve exactly the same? Why the need for Kibble to be a shareholder?
    4 points
  11. Off the park the club is progressing albeit slowly. Kibble propose to enhance this progress substantially. They propose to have stadium facilities in use 14 hrs a day 7 days a week. They propose to attract their many contacts to sponsor / rent facilities. They propose to increase income. They propose to help cut current costs. They propose to bring in their business acumen. They propose to help young people who need help. They propose not to be involved in football business. Last time SMiSA asked for nominations for representation on the BoD they had one applicant. In a few years they will have to supply the full Board. Does SMiSA have the expertise or volunteers to run the Club on their own? SMiSA can appoint external Directors if they cannot find enough in the fan base - will they all be die-in-the-wool St Mirren supporters? I interpret it as SMiSA take over in 5 years and continue to try and build the Club up slowly off the park using the expertise that exists within SMiSA and SMiSA appointed Directors. OR the process starts next year with contributions from Directors who have proven business acumen and substantial back-up. Scary? Could be. Or as you say Deal of the Century. At the end of the day like any decision in life you get as much information as possible then use your gut feeling.
    4 points
  12. norman

    Ross Wallace Signs

    I imagine a combination if us needing him and him needing a club far more is what has changed.
    4 points
  13. faraway saint

    Ross Wallace Signs

    Not a lot not to like, experience at a reasonable level, I think this could work out fine.
    4 points
  14. So now you have the answer, be interesting to know what you think, am sure you have a opinion Ricky, don't be shy faraway's at the bookies
    4 points
  15. Bazil knows that the profit recorded has largely been on the back of deals for players that were created by the previous board, but for those we would have recorded losses in most if not all years. the previous regime also set up the youth system that produced those players. No lies, just not a full representation of the truth (or spin, as other know it to be)
    4 points
  16. Have you never given it thought that in the time of building a business, you see room for improvement or alternative ways of generating additional income in that period of time? There is always room for change for the better. Buy the buds is 4 years in and within that time, like any business I am sure there have been may learning curves, just like GS when he took the chairmans role has learned a far deal greater than he did before about the running of a football club. The club will STILL be fan owned regardless if the Kibble proposal is approved or not. Kibble are not here to take over, they are here to help generate extra revenue whilst boosting their own profile. As you are very aware, SMISA itself is run by many volunteers who already have full-time jobs elsewhere and dedicate a large chunk of their time to the association. Something I think that at times, these people get very little credit for. I know I am explaining points that you already know and will result in a negative reply, as you have nothing positive to say about either SMISA, Kibble, GS or St. Mirren Football Club in general.
    4 points
  17. There is certainly no saving for members who chose the single lump sum option.
    4 points
  18. Yeah, sorry, I’m not sure where I got the idea that you didn’t like Gordon Scott from. I’ll take that back 😂 As far as I can see the SMiSA committee are asking the members to decide on the proposal. If the members don’t back it, then it doesn’t happen. I think this is called democracy. The committee believe this proposal enhances BTB. It’s up to the members to decide if they agree or not. That’s how this is supposed to work.
    4 points
  19. BuddieinEK

    Latest Scores

    I like his banter and have never seen him dive. Tam Cowan, however... ...
    3 points
  20. insaintee

    Ross Wallace Signs

    Probably more about wage expectation than quality. Now it's Feb, Ross might be more realistic in his demands
    3 points
  21. Seeing as it’s a Tory government, you’ve answered your own question. They’d rather spend £100bn on an unnecessary railway line than help to sort out homelessness. They don’t even need to necessarily spend much to solve homelessness - all those houses they keep asking councils to hit target numbers with - how about accommodating some of that for those desperate in need? It’s all nice and well building thousands of houses, but not many are sold off as council housing, and the term “affordable” is laughable. When I get out of bed I sing the European national anthem, then kneel down and worship a statue of Verhofstadt. His spiritual presence motivates me for the day ahead.
    3 points
  22. Good to see them getting a body in. Fitness is a concern but generally will be with any free agent at this point of the season. Hopefully we get something out of him, best of luck.
    3 points
  23. Sorry Ricky - don’t read the S*n
    3 points
  24. I'm still pretty much on the fence with regards to which way to vote Div I think one of my main concerns would be if there was a fall out (parting of the ways) at some point and Kibble no longer want to be a 27% shareholder and decide to off their shares. I believe that there is some sort of agreement that Kibble would give SMiSA first optionon their shares but what would happen if SMiSA didn't have the funds to purchase their block at the time of sale......is there any protection against Kibble selling to just anyone else at that point.? That possibly ties into subscription levels and amounts where we would possibly want to make sure we have required funds to purchase in case of such a scenario which then begs the question of "why take the risk when we don't have to" unlikely as it may seem.
    3 points
  25. If Kibble wasn't giving Gordon £300K then SMiSA would be. The only real tangible benefits I see Gordon getting out of this is; 1) He is getting his money earlier than he thought 2) He's shifting the 8% of shares he'd have been left with in the original proposal The shares he is selling to the Kibble are not an asset of the company, they are an asset of Gordon Scott. The assets that Kibble are getting access to WILL benefit them, but they WILL also benefit St.Mirren Football Club.
    3 points
  26. I don't think £300K is a huge investment for a company with a £30m annual turnover. They spent £3m building a go-kart track for example. Kibble get to utilise the infrastructure and brand of the football club and it's reach into the community to benefit the young people it is looking after. I'm sure that must be saving them some money along the way as well as improving the experiences they can provide those kids with.
    3 points
  27. I am one of those 500, and can confirm I am a supporter. It’s also one of the few individual assets in my will where it stipulates the shares transfer to x, y or z, all known supporters, upon my demise.
    3 points
  28. munoz

    St Mirren Reserves

    Chabbi starting for the reserves today.
    3 points
  29. As yet I am undecided. Earlier in this thread I voiced my concerns over the veto. That still concerns me. HOWEVER I signed up for btb to save the club but was never sure how it was going to work. There is still no proposal for the end game if we get 71% of the club and that's daunting. "How we going to work it. I don't know" to paraphrase a well known song. The idea of some of the people on this forum getting any control over the club and everyone else fighting over their choice is mind boggling. The positive is in this deal, we get a hand and have a structure for the future that could work well, Someone who has been in business for 140 years and will prove useful. They will save money on some ongoing initiatives and generate cash in the future. They have certain values and if we are to maintain the high ground and claim to be a family rum club then shunning gambling, drinking or unethical sponsors shouldn't be an issue. Installing a plastic pitch would be though so I get the danger. Its a risk but at least we have more clarity on the future. Do we have the expertise to do this ourselves, Not sure. Can we trust kibble to deliver on their statement. "It's in our interest for ST Mirren to do well on the park." I'd like to think we can but I'm not sure. It's a tough Decision.
    3 points
  30. This is a fair point. Personally I would like to see members given the option to continue monthly subs but hope it was made clear it is not a requirement to keep the club going (I Very much doubt it would be) Would be happy to continue paying my monthly subs for the full 10 years and beyond. Sure others will feel the same.
    3 points
  31. Should we forget that months of planning went into this without a murmur ? Ask first to see if we wish them to explore this option ? Div your bias is similar to BBC & SKY over Brexit loading the argument from one side only Our 3 votes cast as NO
    3 points
  32. Or we could stick with the one 1300 people signed up to? It's a tough call.. lol
    3 points
  33. This pish for instance. I notice, and I'm surprised with your Google skills, that you haven't mentioned the flood prevention scheme in Hebden Bridge is well on it's way to being completed. What the feck are the authorities meant to do, build it overnight? It's due to be completed in the summer.
    3 points
  34. And it doesn't state "the body" are going to gazump you and grab 27.5% of the shares you were told were being sold to you. Feck me why are some so blind? Kibbke aren't becoming member of Smisa, they are buying shares in the club that were promised to smisa members. I.e. taking over.
    3 points
  35. I've been part of a few boards where I didn't agree with a lot of a BP's content. Funnily enough the major shareholder had the final say and 27% of the shareholding certainly couldn't veto it !!
    2 points
  36. Accies have serious issues at centre-half now. Easton / Woods started tonight: Easton stretchered off with a bad injury and Woods hooked at HT after a poor showing. The Accies' fans reckon he's a poor replacement for Sam Stubbs. Easton has a suspected dislocated shoulder. So he'll be out for several weeks. Also, didn't realise Hearts at Parkhead tomorrow night and Accies away to Tynecastle on Saturday means something's got to give there. If ever there was a time for our team to show up and pull a rabbit out the hat, it's the next 4 days.
    2 points
  37. southsidebud

    Latest Scores

    Lol - once money is at stake I offer no guarantees [emoji2]
    2 points
  38. BuddieinEK

    Latest Scores

    Are you sure the job is done? If I don't cash out and end up blowing this, I'll blame you! [emoji12]
    2 points
  39. Hamilton 0-1 Aberdeen. 15 mins.
    2 points
  40. Just looking at the stats, Liverpool have actually hit the 5th highest number of long balls in the Premiership this season as opposed to Man City who have hit the second lowest and Man United who have hit the least. Tottenham, Chelsea and Arsenal are also all down at the bottom of the long ball table. Hitting the long ball is why Liverpool are so far ahead of the rest of England’s leading clubs. The team with the most long balls is Sheffield United who started the season as favourites to go back down and are now in the hunt for Europe. You clueless imbecile
    2 points
  41. Versatile and playing at a decent level the last few years. A good short term option.
    2 points
  42. Good signing but we really need some one to go straight into the team. My one worry is. Why wasn't he good enough in November. Now he is. Anyway good luck to him. Can only do his best.
    2 points
  43. And theres Bazil's white flag being raised with the old"youve got a vendetta etc.. etc.."
    2 points
  44. Lots of questions being asked here where definitive answers do not exist as this forum is not the vehicle for giving definitive answers. Maybe if people want clarification or raise points then they contact SMiSA / Kible / GS instead of speculating on here.
    2 points
  45. Gordon gets all his money back and stays as chairman. Meanwhile, as things stand Smisa members get none of their money back, indeed many will feel deceived having subscribed to a proposal to buy 71% of the club, to now find over a quarter of the club will belong to a third party! The only individual or group losing out on what was proposed, agreed and backed in numbers is the Smisa membership! Think of the I interest the Smisa membership could have earned if they'd kept their money In the bank. Lol
    2 points
  46. Is this your line of argument? That you find one example of a business going bust and somehow that invalidates the general point I am making? Businesses go bust all the time. Some of them will wrongly blame Brexit to absolve themselves of responsibility. Other businesses will be created as new opportunities emerge. I see absolutely nothing coming up which will change that overall picture.
    2 points
  47. You are a year early with the gloating. Personally, I think we'll be OK but given that the practicalities of Brexit won't start happening until the end of the transition period, it's too early for all this. TBH, I don't really understand either the whining or the gloating. For the overwhelming majority of people, no difference in day to day life is going to happen.
    2 points
  48. To be fair, Greggs were right out of French Fancies yesterday. I was hurting.
    2 points
  49. You and CS literally haven't stopped going on about it TBF.
    2 points
  50. For me I’m sticking to No. I have nothing against Kibble I think they do grand work but the total fan ownership model remains for me the best solution. As I have said before I think I’m going to be in the minority but I will continue my support of SMISA anyway - no toys out pram cancellation for me.
    2 points
×
×
  • Create New...